Non-performing loans reached 37.0 EUR bil in 2017 in Portugal, according to the National Central Bank. This is 20.2 % less than in the previous year.
Historically, non-performing loans in Portugal reached an all time high of 49.8 EUR bil in 2015 and an all time low of 2.93 EUR bil in 2000.
Portugal has been ranked 46th within the group of 90 countries we follow in terms of non-performing loans, 9 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.